Hello Magicians,
Magic Farms are in full swing, with $STABUL, $BNV, and $MNRY live, and $RWA plus $TDS coming up next. Join early, maximize your APR, and get rewarded in real time.
👉 Start Farming Now
Meanwhile, Vietnam greenlights a five-year crypto trading pilot, gold smashes all-time highs, and Ledger warns of a billion-download supply chain attack. Let’s dive in.
Crypto Market Recap
Vietnam Approves 5-Year Crypto Trading Pilot
Vietnam has launched a tightly regulated five-year pilot for crypto trading platforms. Only licensed domestic firms can operate, with activities conducted in dong and offerings limited to foreign investors. With 17M Vietnamese already holding crypto, this cautious but progressive move could shift the country from a grey-market leader into a regulated hub.
Gold Hits Record $3,650+ Amid Fed Rate Cut Bets
Gold soared past $3,650 for the first time, driven by expectations of U.S. Fed rate cuts after weak labor data. Traders see a near-90% chance of a 25 bps cut in September. Central bank buying, geopolitical risks, and political pressure on Fed independence are amplifying safe-haven flows with analysts saying $5,000 gold isn’t off the table.
Ledger CTO Warns of 1B+ Download Supply Chain Attack
Ledger’s CTO sounded the alarm on a massive NPM package attack affecting over 1B downloads. The injected malware swaps crypto wallet addresses during transactions, risking user funds. While early detection limited victims, the event highlights how fragile open-source dependencies can threaten the entire crypto ecosystem. Ledger urged: never blind-sign, always verify, and use hardware wallets with Clear Signing.
Web3 Apps You Should Know About
- EvonAI (Tools): DeFi, NFTs, and analytics with smart AI agents on Solana
Visit App - Lingo (Play-to-Earn): blockchain-based gamified rewards platform
Visit App
Magic Board
The Magic Board is loaded this week: drop a bullish $SQR comment, log in for a boost, review apps across categories, upvote 5 reviews, or write a thread deep dive (there’s even a Comics thread challenge).
Do a few, stack Karma fast, and keep your lead.
👉 Magic Board
Hot Offer Shoutout
TBC.
What’s New at Magic Square
RWA Inc. Magic Farm
- The $RWA Magic Farm is live! Stake your $RWA on Base and earn real-time rewards.
- Sept 10 – Oct 10
- 1,282,051 $RWA ($10K value)
- 7-day cooldown
About RWA Inc.: A full-stack RWA platform bridging investors with startups, scaleups, and real-world assets.
Tordess Magic Farm
- Next up: Tordess launches its farm on Sept 16. Stake $TDS and earn $10K in liquid rewards.
- Sept 16 – Oct 16
- 500K $TDS ($10K value)
- 5-day cooldown
About Tordess: A prop trading platform funding traders with up to $100K, letting skills, not capital, define success.
Meme Break
“So you just DCA and touch grass?”
That’s a wrap.
Got Questions? We’ve Got Answers!
Ask Mystic AI or join the discussion: Discord | Telegram
Stay magical and we’ll see you next week!
— The Magic Square Team
